Bharti Airtel, aviation stocks, Mahindra and other top stocks to watch out for on August 30

Aug 30, 2021

By: Rounak Jain

Credit: BCCL

Bharti Airtel

Its board has approved raising ₹21,000 crore via a rights issue of equity shares at ₹535 each.

Credit: BCCL

Aviation stocks

DGCA has extended the ban on international commercial passenger flights to and from India till September 30.

Credit: BCCL

Mahindra & Mahindra

Its subsidiary has won a defence contract worth ₹1,350 crore for manufacturing integrated anti-submarine warfare defence suite for the Indian Navy.

Credit: Mahindra & Mahindra

Burger King India

To acquire an 85 percent stake in Burger King Indonesia. It may consider issuing fresh equity shares to fund its acquisition.

Credit: Unsplash

Nazara Technologies

Acquired 100 percent stake in the Hyderabad-based OpenPlay Technologies for ₹186 crore.

Credit: Nazara Technologies

Tech Mahindra

Its wholly owned subsidiary has approved the acquisition of a 13.8 percent stake in AustinGiS Inc., for $1.25 million. AustinGiS is an Internet of Things and 5G service provider.

Credit: Tech Mahindra

BEML

Issued 4,000 commercial papers aggregating to ₹200 crore.

Credit: BCCL

Vedanta

To consider the first interim dividend for FY22 on September 1.

Credit: Vedanta

Cipla

Sued by UCB, University of Iceland as they seek to block supplies of Nayzilam, a prescription medicine for short-term treatment of seizures.

Credit: Cipla

These are the stocks that hit an all-time high today in India